Nantahala Capital Management LLC Takes $14.60 Billion Position in First Capital, Inc. $FCAP

Posted by Brian Himes on Aug 29th, 2026

Nantahala Capital Management LLC acquired a new stake in First Capital, Inc. (NASDAQ:FCAP – Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 750,000 shares of the savings and loans company’s stock, valued at approximately $14,602,500,000. Nantahala Capital Management LLC owned about 0.22% of First Capital at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. Russell Investments Group Ltd. grew its holdings in First Capital by 105.2% during the 4th quarter. Russell Investments Group Ltd. now owns 554 shares of the savings and loans company’s stock worth $33,000 after acquiring an additional 284 shares during the last quarter. JPMorgan Chase & Co. increased its position in First Capital by 30,940.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,552 shares of the savings and loans company’s stock valued at $64,000 after acquiring an additional 1,547 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in shares of First Capital during the second quarter valued at $74,000. Bank of America Corp DE raised its stake in shares of First Capital by 215.8% during the second quarter. Bank of America Corp DE now owns 2,122 shares of the savings and loans company’s stock valued at $88,000 after acquiring an additional 1,450 shares during the last quarter. Finally, New York State Common Retirement Fund acquired a new position in shares of First Capital during the second quarter worth $107,000. 11.65% of the stock is currently owned by institutional investors and hedge funds.

First Capital Trading Up 0.2%

Shares of FCAP opened at $62.38 on Friday. The stock has a market capitalization of $208.35 million, a P/E ratio of 11.28 and a beta of 0.71. The firm’s fifty day simple moving average is $63.19 and its two-hundred day simple moving average is $57.39. First Capital, Inc. has a 12 month low of $37.64 and a 12 month high of $71.00.

First Capital (NASDAQ:FCAP – Get Free Report) last issued its quarterly earnings results on Friday, July 24th. The savings and loans company reported $1.43 earnings per share for the quarter. First Capital had a return on equity of 13.39% and a net margin of 26.79%.The firm had revenue of $14.29 million during the quarter.

First Capital Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 11th will be given a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 2.1%. The ex-dividend date is Friday, September 11th. This is a positive change from First Capital’s previous quarterly dividend of $0.31. First Capital’s dividend payout ratio is currently 22.42%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of First Capital in a research note on Friday, July 17th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Read Our Latest Stock Report on First Capital

First Capital Company Profile

(Free Report)

First Capital, Inc is a closed-end, non-diversified management investment company organized as a business development company (BDC) under the Investment Company Act of 1940. Listed on the NASDAQ under the ticker FCAP, the firm specializes in providing debt and equity financing solutions to U.S. middle-market companies. External management is provided by First Capital Asset Management, LLC, leveraging senior credit expertise to structure tailored financing that supports growth initiatives, recapitalizations and acquisitions.

The company’s investment portfolio comprises senior secured loans, second-lien and subordinated debt, as well as equity co-investments.